Avalanche (AVAX) shows bullish momentum with a 20% rise in the past week.
Chainlink (LINK) nears key resistance levels, signaling potential for higher gains.
IOTA sees a surge in trading volume, supporting its upward trend toward $0.28.
As the year ends, investors are watching real-world asset (RWA)-backed altcoins closely. According to Altcoin Buzz data, Avalanche (AVAX), Chainlink (LINK), and IOTA are among the most promising candidates, each experiencing notable price increases.
These altcoins show potential for continued growth into December, with technical indicators and market trends offering key insights.
Avalanche (AVAX) Gains Momentum
Avalanche has made a strong move in the market, with a 20% rise over the past week. As at press time priced at $45.38, AVAX has shown a 6.10% increase in the last 24 hours, signaling a potential bullish trend.
Support levels for AVAX are found around $42.75, where the price recently bounced. Should this level fail to hold, traders may see a deeper pullback to $41.50.
On the upside, $46.00 is the immediate resistance, followed by $48.50. With a 24-hour trading volume of $790.71 milli…
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